Pernod, whose brands include Martell and Absolut vodka, said sales will decline by a low-single digit percentage in 2025. Read more at straitstimes.com.
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Pernod Ricard has cut its sales guidance because of uncertainty over tariffs and a slowdown in China, where government anti-dumping measures have hit demand for its cognac brand Martell.
Pernod Ricard has cut its sales outlook for the year blaming China’s tariffs on brandy imports from the EU for subduing ...
A worsening context in China and the economic and geopolitical uncertainties that are hampering the spirits market mean Pernod Ricard no longer expects sales to return to growth in the year to June.
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